On September 1, Ziegler Corporation had 54,000 shares of $5 par value common stock, and $162,000 of retained earnings. On that date, when the market price of the stock is $15 per share, the corporation issues a 2-for-1 stock split. The general journal entry to record this transaction is: Multiple Choice Debit Retained Earnings $270,000; credit Common Stock $270,000. Debit Retained Earnings $810,000; credit Common Stock Split Distributable $810,000. No entry is made for this transaction. Debit Retained Earnings $810,000; credit Common Stock $810,000. Debit Retained Earnings $270,000, credit Stock Split Payable $270,000. Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,500; net cash used in investing activities was $11,000 and net cash used in financing activities was $13,500. If the beginning cash balance is $5,500, what is the ending cash balance? Multiple Choice $60,500 $49,500. $33,500. $6,000. $11,500. Valley Spa purchased $10,500 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 8% promissory note for $10,500. If the note is dishonored, but Tubman intends to continue collection efforts, what is the journal entry to record the dishonored note? (Use 360 days a year.) Multiple Choice Debit Accounts Receivable $10,640; debit Bad Debt Expense $140, credit Notes Receivable $10,500. Debit Bad Debt Expense $10,640; credit Accounts Receivable $10,640. O Debit Bad Debt Expense $10,500, credit Notes Receivable $10,500. O Debit Accounts ReceivableValley Spa $10,500; credit Notes Receivable $10,500. Debit Accounts Receivable-Valley Spa $10,640, credit Interest Revenue $140; credit Notes Receivable $10,500. O